More IRS Audits Are Coming for Americans at All Income Levels
Federal State And Tribal Powers,IRS,Audits
The chances of an audit have greatly increased for every American thanks to the ‘Inflation Reduction Act.’
The Democrats in D.C. finally noticed the high inflation in the United States — caused by their $2 trillion spending bill last year — so they passed a bill to spend even more on green energy, environmental workshops, and labor-union credits.
I’m sure this will fix inflation right away. (That’s sarcasm.)
One of the core elements of the “Inflation Reduction Act” is adding billions of dollars of new spending for IRS audits on Americans of all income brackets. I’m not sure why Democrats believe more IRS audits will decrease inflation, but it’s one of the largest programs in their “Inflation Reduction Act.”
Over the past decade, the power of the IRS has been used to target Americans. The IRS has engaged in audits because of Americans’ faith and political views. Now they can wield that power even more with tens of thousands of new auditors.
Meanwhile, the IRS has fallen behind in their actual task: processing Americans’ federal tax returns in a timely manner. Until about midway through last year, workers in the district office that serves Oklahoma were still working remotely. In some cases, they were many months behind processing returns, and if you filed your taxes on paper: Forget about it. It could be a year or more before you get an answer.
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